Good morning all, West Coast just getting up and reviewing weekend posts.
Some thoughts, comments, questions, and opinions...
1. I hope Jack is not working his pharmacy job today. He might have trouble concentrating.
2. Does an SEC halt (of any type) require a 15C-211 form with the MM? From what I understand, this provides company background, business plan, and financials, which give MM credibility in trading the stock.
3. That PR reads pretty much like the last few. No meat, just a sit tight, its gonna happen soon message. I've been burnt before on these types of stalls.
4. I would hate to see Jack spend the shareholder's $1.5MM on his defense lawyers.
5. I would consider setting up an account (with KAA's help) so I could short BB. There are so many that need to be thrown out of the marketplace.
6. I think Jack has to go through the 300:1 in order to honor the second Reg S. If he didn't, he's off to jail. His hands are tied. Its just a matter of how he'll compensate his shareholder base. (maybe he should read about how MIDL rewarded their shareholders - that's a successful shell reverse merger)
7. If anyone gets to talk to JAck today, please post his position, attitude, tone of voice, etc.
Thanks,
ta ta for now...
EDIT: Nice Spread...
.00667 Bid .01583 Ask ( 2 4.75) ouch |